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OpenEnvoy

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18 reviews
  • 1 profiles
  • 4 categories
Average star rating
4.6
Serving customers since
2020
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OpenEnvoy Reviews

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Verified User in Broadcast Media
EB
Verified User in Broadcast Media
07/06/2022
Validated Reviewer
Review source: Organic

OpenEnvoy - Saving us time, frustration, and money.

OpenEnvoy has near-completely automated what used to be a highly manual process. We get thousands of bills a month that often require manual review and reconciliation - now we can get through everything far more quickly and accurately.
Quinn S.
QS
Quinn S.
05/25/2022
Validated Reviewer
Verified Current User
Review source: Organic

Great tool for managing large volume of AP bills

The tool is saving our team a lot of time in processing and reconciling bills. We get over 1,000 AP invoices a month so the volume has used to be a bottleneck.
Kurt S.
KS
Kurt S.
Director Of Finance And Accounting at The Scoular Company
05/24/2022
Validated Reviewer
Review source: Organic

Open Envoy has contributed to our business success

Open Envoy allows us to abandon redundant tasks and make us more efficient. The application is easy to use and the Open Envoy staff has been wonderful to work with.

About

Contact

HQ Location:
San Mateo, US

Social

@openenvoy

What is OpenEnvoy?

OpenEnvoy pioneered Autonomous Finance to verify money before it moves. The platform sets the standard for accuracy across enterprise AI for AP, AR, payments, and finance operations. OpenEnvoy verifies every invoice line against bills of materials, purchase orders, contracts, rate cards, and live commodity and tariff data before payment. Our AI is built in-house and runs on your cloud. Your invoice and supplier data stay in your environment. Five years in production. 99.7% capture accuracy. $30B in AP processed annually. More than $3.2B in duplicate invoices and overbillings caught for customers. 100% customer retention since launch. Pre-built integrations with every major ERP, including Oracle, SAP, Microsoft Dynamics 365, Sage Intacct, Workday, Acumatica, NetSuite, Epicor, and QuickBooks Online. Most enterprises go live in under 60 days with same-year payback and 8x ROI in the first year. Recognized by Gartner as a Cool Vendor in Sourcing and Procurement Technology. Named in the Gartner Hype Cycle for Procurement and Sourcing for four consecutive years.

Details

Year Founded
2020
Website
openenvoy.com